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UK inflation the main highlight of the agenda today | Forexlive
Major currencies are looking rather muted and understandably so. Today will be more of a placeholder trading day with it being a US holiday. That makes for kind of a weird week as we have a bit of a recess in the middle. The dollar is keeping more mixed overall on the week while risk…
iSAM Securities introduces RADAR – e-Forex
Risk management is an essential part of navigating the financial markets, serving as a means to maximize profitability and optimize trading volume. Designed with dealing desks, risk managers and CEOs in mind, iSAM Securities RADAR is capable of aggregating data across multiple servers and platforms for oversight across the entire brokerage down to detailed information…
Peso needs to cool down. Forecast as of 06.06.2024 | LiteFinance
2024.06.06 2024.06.06 Peso needs to cool down. Forecast as of 06.06.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The USDMXN pair’s volatility spike could remove the super peso tag from the Mexican currency. The incoming administration should adopt conciliatory rhetoric to buoy the peso. Let’s discuss this topic and make a trading plan. Monthly fundamental Mexican peso forecast A convincing victory…
Gold stumbles amid surge in US Treasury yields, rises over 2% monthly
Gold falls below $2,500 following US PCE report, boosting likelihood of September Fed rate cut. Fed’s cautious policy easing strategy stirs uncertainty; markets favor a 25 bps cut. Traders’ bets on a 25 bps rate cut rise to 69%; odds for a 50 bps reduction fall to 31%, per CME FedWatch Tool. Gold prices tumbled…
EUR/USD retreats from six-week highs as Greenback steadies after US NFP revision
The Euro is losing ground against the US Dollar on Tuesday, snapping a two-day winning streak as the Greenback regains traction. The BLS reported that payrolls were overstated by 911,000 jobs through March 2025, confirming that the labor market has been cooling more sharply than previously reported. Investors are awaiting comments from ECB Governing Council…
Trump says it could be worth keeping TikTok in US for a little while By Reuters – Forex Trader Hub
By Gram Slattery (Reuters) – President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. Trump’s comments before a crowd of conservative supporters in Phoenix,…
